Surgent's Advanced Trust Issues: A Roadmap for Success in An Increasingly Complex Area
Available Anytime
Location:
Online
4Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$189.00 Regular Price
Product Code: SU24-TRS4-SSWC
Level: Advanced
Vendor: Surgent
Field of Study: Taxes
Overview:
Trusts are not cookie-cutter documents. In fact, they can be rather unwieldy, especially in explaining the functions to a client and then having the client comply with the trust terms. This course delves into best practices. Given common scenarios, what are the best trusts to use? And how can the client be best protected?Objectives:
- Advise individual clients on the benefits of using a trust to achieve their personal goals
- Save clients money in their estate planning
Major Topics:
- Key concepts of trusts, including recent trends; best practices; jurisdiction; and ways to avoid pitfalls
- Decanting
- Federal estate tax exemption and remaining relevance of trusts
- Irrevocable life insurance trusts
- The role of family dynamics
- Choice of trustee and other fiduciaries
- State trust-friendly considerations
- Charitable trusts
- Delaware Statutory Trusts
- Powers of attorney
- Pet Trusts – the emerging necessities
- State, county, and local issues
- Portability
- QTIP issues
- Creditor considerations
- Potential IRA problems
- Problems with re-titling assets
Designed For:
Tax practitioners who advise clients on the benefits of establishing a trustPrerequisite:
A basic understanding of simple trustsAdditional Info:
You will receive an email from info@surgent.com with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email info@surgent.com. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.